HOUSE OF WELLS LIMITED
a. The advancement of the christian religion in South Africa for the benefit of the public through the holding of prayer meetings, lectures and producing and/or distributing literature. b. The relief of financial hardship among the children in South Africa by providing such persons with food, school, uniforms and tuition fees.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a surplus of £1,001 for the year ended 30 June 2025, with total income of £76,434 and expenditure of £75,433. The trustees confirm the charity is solvent and has adequate resources to continue operating for the foreseeable future on a going concern basis. However, the charity's unrestricted reserves of £6,872 are below its stated policy target of between £18,858 and £37,716.50.
What the accounts disclose
“This general reserve policy has not been met this year as in previous years.”
Corporate structure
- Registered company of the charity Companies House 06627042
Company officers (Companies House)
- DOSUNMU, Abraham Owolabi on trustee list
- KUKU, Abdul Latifu on trustee list
- ONAKOYA, Oluwakemi on trustee list
- SOWONOLA, Emmanuel Bababode on trustee list
Trustees
- ABDUL KUKU
- ABRAHAM DOSUNMU
- EMMANUEL SOWONOLA
- OLUWAKEMI ONAKOYA
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 30/06/2025 | £76k | £75k |
| 30/06/2024 | £75k | £74k |
| 30/06/2023 | £78k | £84k |
| 30/06/2022 | £66k | £68k |
| 30/06/2021 | £64k | £53k |
Common questions
Is HOUSE OF WELLS LIMITED financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a surplus of £1,001 for the year ended 30 June 2025, with total income of £76,434 and expenditure of £75,433. The trustees confirm the charity is solvent and has adequate resources to continue operating for the foreseeable future on a going concern basis. However, the charity's unrestricted reserves of £6,872 are below its stated policy target of between £18,858 and £37,716.50. Its FY2025 accounts were independently examined.
Who funds HOUSE OF WELLS LIMITED?
Funders whose own accounts filings name HOUSE OF WELLS LIMITED as a grant recipient include THE KING'S FAMILY CENTRE, JESUS HOUSE FOR ALL NATIONS.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| THE KING'S FAMILY CENTRE | FY2025 | £14k | Orphanage Support |
| JESUS HOUSE FOR ALL NATIONS | FY2024 | £2k | Support for children and youth in Africa |
| JESUS HOUSE FOR ALL NATIONS | FY2022 | £1k | |
| JESUS HOUSE FOR ALL NATIONS | FY2023 | £1k | Charitable grant |